When I am reborn in Hong Kong, I just want to lie down
Chapter 259 Harem Board of Directors
In the later generations of the stock market in mainland China, many of the market makers learned from the Xiangjiang stock market. The main reason is that the two places are too close, and many speculators in Xiangjiang went directly north to participate. Here, I have to say that Zhan Peizhong, the shell king of Xiangjiang, .
This person used to be a stockbroker of the Carnegie Group. Later Carnegie went bankrupt and liquidated. He moved overseas. This year he returned to Hong Kong and began to pay attention to those sick small-cap stocks. If nothing goes wrong, he will buy those small and medium-cap stocks, and then He cultivated shells, cleared out irrelevant businesses, found buyers, and resold them to earn the difference. He also helped mainland companies buy shells and go public in Xiangjiang, and then made another fortune by relying on warrants.
But this time, he may be disappointed. He saw the stock fluctuating upward, but the trading volume was very small. He knew that this was caused by someone's extreme control over the market.
He couldn't understand why someone in Xiangjiang had so much money and invested it in the stock market?He was extremely puzzled.He focused on a listed company called Paramount. The stock was already very low. During this small and medium-sized enterprise stock collapse, it was almost a penny. Then, something unexpected happened.
The chairman of the board of directors of Paramount, sitting at the top, looked at the dejected directors and said: "Now that the bank is calling for debts, it will be liquidated soon. The stock price is only [-] cents. Is there anything you can do?"
The directors below bowed their heads and pretended to be ostriches. There was nothing they could do about it. Paramount started out as a restaurant and catering business, and then engaged in the real estate industry in 1976. As a result, in the second half of 1982, after the Sino-British negotiations, real estate prices plummeted. The land was sold at a loss, and some properties are now retained. The main business of restaurants and catering is still there.
Just when they were having a meeting, someone knocked on the door, which made the chairman of Paramount, who was sitting at the head of the table, very unhappy. He angrily cursed at the person who came in: "Go to the street, didn't you see that the board meeting was going on?"
"Chairman, someone from the bank came over to talk to you about the debt issue." The front desk lady felt aggrieved and complained wildly in her heart, why doesn't this old bastard die?
"Oh, let them come in and let everyone see if there is any way to solve the problem." He said weakly.
A group of people in suits and ties, dressed as bank elites, came in. They were people from the legal department and non-performing asset settlement department of Taiping Hang Lung Bank. They bought Paramount's debt at a [-]% discount. Now, they came to the door. To collect debts.
"Sorry to bother you, but your company's debt will be due in one month. Is this okay?" An elite legal officer stated a fact seriously.
When he saw the other party, the loan contract caught his eye. He couldn't deny it and could only nod.
"The stock market has plummeted recently, and the assets under the company's name cannot cover the debt at all. We have every reason to think that you can't afford to repay the money. Is that okay?" Seeing the board of directors' complete silence, he took it as the other party's acquiescence.
"We have good intentions to solve your debt problem. Are you willing to listen to our plan?"
Hearing that the other party was willing to solve the debt problem, of course he was willing, the chairman and other directors all sat up straight and wanted to hear the other party's suggestions.
"Since everyone wants to solve the problem like we do, the first plan is for you to sell the stocks in your hands to us at the market price. In this way, everyone will be happy to solve the problem once and for all."
Hearing the result, which was both unexpected and expected, they looked at each other and the chairman asked a question: "How much of our stock do you plan to acquire?"
"How about four cents? This is a premium of more than 30%?" The legal officer told a joke seriously, but those people looked a little angry, but this is indeed the case now. If you don't sell it, then just wait for liquidation.
"Can it be higher, five cents?"
"I'm sorry, this is the highest price we have given, otherwise, we will wait for the liquidation notice." The legal officer wanted to get up and leave.
"Don't, don't, don't!" The chairman immediately stopped the legal representative who was about to leave and said, "Okay, if you don't have any objections, then sell the stocks in your hands." He still held more than 20% of the shares. , thinking about the time when the company was first listed, I was so high-spirited and leading the world, but now I have ended up selling the stocks and clearing out the market.
The two parties drafted a legal contract. Soon, both parties signed the contract and the transaction was completed. The funds will be deposited into their accounts at Taiping Hang Lung Bank within five working days. If not, then please go and apply for one. When will it be done? OK, when will the transfer be made?
"Then, gentlemen, please leave. We will audit the company. I hope there will be no problem with the accounts."
Although all the directors were angry, they had no choice but to endure it for the sake of the money that had not yet arrived. This was a necessary process. Fortunately, they did not make false accounts and were not panicked.
A week later, Paramount announced that the company had found investors and would resolve the debt problem and avoid a liquidation crisis.
Paramount reconvened the board of directors. This time, the board of directors was attended by representatives from Taiping Hang Lung Bank, Executive Chairman and General Manager Liu Zhaolong, who worked as an assistant on a real estate project in Wheelock and had seven years of development experience. Why? Introduce him first?Just look at the other members of the board of directors. Chairman Lan Jieying, independent director Li Lizhen, director Ai Kejia (English name Alice), and the former Paramount manager. The five-member board of directors. The person who actually handles the affairs is Executive Chairman Liu Zhaolong. Former Paramount manager with his assistant.
People in the company knew the composition of the board of directors and the relationship between the three women and Li Bu. They privately called this the harem board of directors. Later, it spread throughout Hong Kong. Many people thought that the boss behind the company was treating the listed company as a child's play. Some people disagree; but many Xiangjiang stock investors are very keen on this stock. They think that men, who care about face, must not let their women’s company performance look bad, right?
"Sister Lan, being a director is really boring." Li Lizhen has a good personality and soon became good friends with the pregnant and silly Lan Jieying. She is now complaining to her that she wanted to become a director at first, but she didn't expect to Listening to reports, accounting reports, and data analysis, I am already very dizzy.
"I don't understand either. Just let the people sent by Brother Bu do it and learn slowly in the future." Upon hearing Lan Jieying's words, Ah Zhen's face turned bitter. She was a bad learner.
Alice's participation in the board of directors was actually to spread the word. If Li Bu had any ideas, he would put them forward and hand them over to Liu Zhaolong for him to act according to the actual situation.
This person used to be a stockbroker of the Carnegie Group. Later Carnegie went bankrupt and liquidated. He moved overseas. This year he returned to Hong Kong and began to pay attention to those sick small-cap stocks. If nothing goes wrong, he will buy those small and medium-cap stocks, and then He cultivated shells, cleared out irrelevant businesses, found buyers, and resold them to earn the difference. He also helped mainland companies buy shells and go public in Xiangjiang, and then made another fortune by relying on warrants.
But this time, he may be disappointed. He saw the stock fluctuating upward, but the trading volume was very small. He knew that this was caused by someone's extreme control over the market.
He couldn't understand why someone in Xiangjiang had so much money and invested it in the stock market?He was extremely puzzled.He focused on a listed company called Paramount. The stock was already very low. During this small and medium-sized enterprise stock collapse, it was almost a penny. Then, something unexpected happened.
The chairman of the board of directors of Paramount, sitting at the top, looked at the dejected directors and said: "Now that the bank is calling for debts, it will be liquidated soon. The stock price is only [-] cents. Is there anything you can do?"
The directors below bowed their heads and pretended to be ostriches. There was nothing they could do about it. Paramount started out as a restaurant and catering business, and then engaged in the real estate industry in 1976. As a result, in the second half of 1982, after the Sino-British negotiations, real estate prices plummeted. The land was sold at a loss, and some properties are now retained. The main business of restaurants and catering is still there.
Just when they were having a meeting, someone knocked on the door, which made the chairman of Paramount, who was sitting at the head of the table, very unhappy. He angrily cursed at the person who came in: "Go to the street, didn't you see that the board meeting was going on?"
"Chairman, someone from the bank came over to talk to you about the debt issue." The front desk lady felt aggrieved and complained wildly in her heart, why doesn't this old bastard die?
"Oh, let them come in and let everyone see if there is any way to solve the problem." He said weakly.
A group of people in suits and ties, dressed as bank elites, came in. They were people from the legal department and non-performing asset settlement department of Taiping Hang Lung Bank. They bought Paramount's debt at a [-]% discount. Now, they came to the door. To collect debts.
"Sorry to bother you, but your company's debt will be due in one month. Is this okay?" An elite legal officer stated a fact seriously.
When he saw the other party, the loan contract caught his eye. He couldn't deny it and could only nod.
"The stock market has plummeted recently, and the assets under the company's name cannot cover the debt at all. We have every reason to think that you can't afford to repay the money. Is that okay?" Seeing the board of directors' complete silence, he took it as the other party's acquiescence.
"We have good intentions to solve your debt problem. Are you willing to listen to our plan?"
Hearing that the other party was willing to solve the debt problem, of course he was willing, the chairman and other directors all sat up straight and wanted to hear the other party's suggestions.
"Since everyone wants to solve the problem like we do, the first plan is for you to sell the stocks in your hands to us at the market price. In this way, everyone will be happy to solve the problem once and for all."
Hearing the result, which was both unexpected and expected, they looked at each other and the chairman asked a question: "How much of our stock do you plan to acquire?"
"How about four cents? This is a premium of more than 30%?" The legal officer told a joke seriously, but those people looked a little angry, but this is indeed the case now. If you don't sell it, then just wait for liquidation.
"Can it be higher, five cents?"
"I'm sorry, this is the highest price we have given, otherwise, we will wait for the liquidation notice." The legal officer wanted to get up and leave.
"Don't, don't, don't!" The chairman immediately stopped the legal representative who was about to leave and said, "Okay, if you don't have any objections, then sell the stocks in your hands." He still held more than 20% of the shares. , thinking about the time when the company was first listed, I was so high-spirited and leading the world, but now I have ended up selling the stocks and clearing out the market.
The two parties drafted a legal contract. Soon, both parties signed the contract and the transaction was completed. The funds will be deposited into their accounts at Taiping Hang Lung Bank within five working days. If not, then please go and apply for one. When will it be done? OK, when will the transfer be made?
"Then, gentlemen, please leave. We will audit the company. I hope there will be no problem with the accounts."
Although all the directors were angry, they had no choice but to endure it for the sake of the money that had not yet arrived. This was a necessary process. Fortunately, they did not make false accounts and were not panicked.
A week later, Paramount announced that the company had found investors and would resolve the debt problem and avoid a liquidation crisis.
Paramount reconvened the board of directors. This time, the board of directors was attended by representatives from Taiping Hang Lung Bank, Executive Chairman and General Manager Liu Zhaolong, who worked as an assistant on a real estate project in Wheelock and had seven years of development experience. Why? Introduce him first?Just look at the other members of the board of directors. Chairman Lan Jieying, independent director Li Lizhen, director Ai Kejia (English name Alice), and the former Paramount manager. The five-member board of directors. The person who actually handles the affairs is Executive Chairman Liu Zhaolong. Former Paramount manager with his assistant.
People in the company knew the composition of the board of directors and the relationship between the three women and Li Bu. They privately called this the harem board of directors. Later, it spread throughout Hong Kong. Many people thought that the boss behind the company was treating the listed company as a child's play. Some people disagree; but many Xiangjiang stock investors are very keen on this stock. They think that men, who care about face, must not let their women’s company performance look bad, right?
"Sister Lan, being a director is really boring." Li Lizhen has a good personality and soon became good friends with the pregnant and silly Lan Jieying. She is now complaining to her that she wanted to become a director at first, but she didn't expect to Listening to reports, accounting reports, and data analysis, I am already very dizzy.
"I don't understand either. Just let the people sent by Brother Bu do it and learn slowly in the future." Upon hearing Lan Jieying's words, Ah Zhen's face turned bitter. She was a bad learner.
Alice's participation in the board of directors was actually to spread the word. If Li Bu had any ideas, he would put them forward and hand them over to Liu Zhaolong for him to act according to the actual situation.
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